Japanese stocks, Asian real estate and commodities

These are the picks of the day according to an article about what international investor Marc Faber is looking at. Despite the article’s bullish call on commodities, I know that Faber is on the record as saying that oil is due for a correction soon. And in Barron’s he mentioned that steel demand could slow if China is affected by a global slowdown.

So, buyer beware. I wouldn’t trust commodities to continue up, at least over the near term. One can’t trust what one reads.

That said, the most interesting comment in this short blurb was:

“For Japan, inflation is favorable,” Faber said, because it “will bring cash out of the mattress and into equities and real estate.”

For a country in the throes of deflation for a decade, a little inflation might be the fillup they need.

Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.